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High Street, Yarm, Stockton on Tees, TS15

£3,333 pcm
£40,000 pa

£21.10 per sq ft

Business rates & charges may apply

Thomas : Stevenson, Middlesbrough
SIZE AVAILABLE

1,896 sq ft

176 sq m

SECTOR

High street retail property to lease

USE CLASSUse class orders: Class E

E

Lease details

Lease available date:
Now
Lease type:
Long term
Furnish type:
Unfurnished

Key features

  • Highly visible location
  • Prominent position
  • Popular town centre
  • Available for £40,000 per annum
  • Rare opportunity
  • Ground floor retail unit
  • Ideally suited for restaurant use
  • Occupied for a number of years as Santoros

Description

LOCATION

The property is situated within the prime pitch on the desirable High Street in Yarm, a previous winner of the national ''Best High Street'' award.

The town is home to a diverse range of retail, leisure and other businesses with major occupiers including Boots, Costa, Café Nero and Sainsburys together with a wide variety of independent retailers and boutiques, pubs and restaurants.

The property is situated in the centre of the town, opposite the Town Hall. Short stay car parking is available on the attractive cobbled High Street to the front of the property and in the long stay car park to the rear.

DESCRIPTION

The property provides a former restaurant occupied by Santoro for over 25 years and as a Chinese Restaurant for 20 years prior to this.

The property, arranged to provide a ground floor restaurant / sales area, kitchen / stores and WC, presents a rare opportunity on Yarm High Street and is suitable for a wide variety of retail, licensed or leisure uses subject to the necessary consents.

The rear stores provide a fully fitted kitchen including commercial ovens, pizza oven, fridge freezers, glass washer and dish-washer. The goodwill, fixtures and fittings are available to purchase with a £30,000 ingoing premium. A full list of F&F are available on request from Thomas Stevenson.

Externally the property benefits from communal private car parking and bin storage to the rear.

ACCOMMODATION

The property comprises the following approximate floor areas:

Sales Area / Restaurant: 131.78 sq m (1,418 sq ft)

Stores / Kitchen: 44.40 sq m ( 478 sq ft)

WC

PROPOSED TERMS

The property is available to let on a new effectively full repairing and insuring lease for a term of years to be agreed with rental offers invited in the region of £40,000 p.a.

RATEABLE VALUE

The property has a rateable value of £42,250 however this includes part of the first floor. Interested parties should therefore contact Stockton Borough Council to confirm the exact rates payable.

LEGAL COSTS

Each party is to be responsible for their own legal costs incurred in the transaction.

VAT

All prices/rentals are exclusive of VAT if applicable.


VIEWING

Strictly by appointment through this office.

Contact

Jack Robinson / Paul Stevenson

Tel:

Email -

SUBJECT TO CONTRACT

Brochures

High Street, Yarm, Stockton on Tees, TS15

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Allens West Station1.1 miles
  • Yarm Station1.1 miles
  • Eaglescliffe Station1.4 miles

About Thomas : Stevenson, Middlesbrough

Wellington House Wellington Court Preston Farm Business Park Stockton-On-Tees TS18 3TA

Thomas : Stevenson was established in January 2004 by Neil Thomas and Paul Stevenson two well known Chartered Surveyors within the North East commercial property industry.

Focusing on Commercial Property Consultancy Thomas : Stevenson primarily deal with shops, offices, industrial property and land. Our team has over 40 years combined experience at a senior level and specialises in the Teesside, North Yorkshire and wider north east commercial property markets.

We have a proven track record in all aspects of the commercial property market including Sales & Lettings, Acquisitions, Investment Property, Valuations, Rent Reviews & Lease Renewals, Property Management, Property Development and Compulsory Purchase Negotiations.

Thomas : Stevenson act on behalf of a wide range of clients including private individuals, local businesses, property companies, banks and building societies, retailers, investors, developers and public sector bodies.

Our aim is to provide an accessible, responsive and personal service. All instructions are dealt with at partner level and clients are able to contact the partner dealing with their case at any time by email and by calling our office or mobile numbers. We value your business and yes – we do return calls!

Notes

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Disclaimer - Property reference 56HighSt. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Thomas : Stevenson, Middlesbrough. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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